Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSHB.L Share News (SHB)

  • There is currently no data for SHB

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Friday preview: Japan data, Shaftesbury in the spotlight

Thu, 07th Feb 2019 15:08

(Sharecast News) - Barring surprises on the US-China trade talk front, or as regards Brexit, the market spotlight will shift to Japan at the end of the week.A raft of economic data is set to be published in Tokyo, including readings on household spending and the country's balance of payments, both covering the month of December.Back in the UK, the Recruitment and Employment Confederation will publish its staff placements and salaries surveys for the month of January.Further afield, the Central Bank of Russia is due to announce its policy interest rate decision and the Reserve Bank of Australia its monetary policy statement.Among the few outfits that are slated to update markets at the end of the week is Shaftesbury.Commenting on the London West End-focused real estate investment trust's recent performance, Numis's Robert Duncan called attention to the slowdown in ERV growth seen across its portfolio over the past few years.That, Duncan said, was weighing on the company's progress in leasing some of its major schemes and while management was continuing to take a long-term view, that approach was stoking the hostility of some top shareholders.One of those was Samuel Tak Lee, who at the next shareholders' meeting was planning to torpedo the company's ability to raise capital on a non-pre emptive basis."SHB portfolio is mgmt intensive given the high level of ongoing change; anything that distracts mgmt could catalyse an erosion in performance."Friday February 08INTERIM DIVIDEND PAYMENT DATEBisichi Mining, QinetiQ Group, Stenprop LimitedQUARTERLY PAYMENT DATEBlackRock Latin American Inv Trust, British Land Company, Supermarket Income ReitINTERNATIONAL ECONOMIC ANNOUNCEMENTSBalance of Trade (GER) (07:00)Current Account (GER) (07:00)U. of Michigan Confidence (Prelim) (US) (15:00)Wholesales Inventories (US) (13:30)SPECIAL DIVIDEND PAYMENT DATEBowLevenAGMSCerillion , ShaftesburyUK ECONOMIC ANNOUNCEMENTSGDP (Preliminary) (09:30)FINAL DIVIDEND PAYMENT DATECountryside Properties, Daily Mail and General Trust A (Non.V), Hargreave Hale AIM VCT , Henderson European Focus Trust, Numis Corporation
More News
9 May 2022 07:55

LONDON MARKET PRE-OPEN: Shaftesbury in merger talks; Energean hits gas

(Alliance News) - Stocks in London are set to open on the backfoot on Monday, with worrying data from China showing exports from the world's second-largest economy have slowed, while the government also tightens its Covid restrictions.

Read more
9 May 2022 07:22

Shaftesbury, Capco confirm talks over possible merger

(Sharecast News) - Property firms Shaftesbury and Capital & Counties confirmed on Monday that they are in advanced discussions about a possible merger.

Read more
9 May 2022 05:54

TOP NEWS: Shaftesbury, Capital & Counties confirm talks on merger

(Alliance News) - Shaftesbury PLC and Capital & Counties Properties PLC on Saturday confirmed that they are in advanced talks for a potential all-share merger of both companies.

Read more
7 May 2022 09:40

UK's Capco and Shaftesbury in talks about $4 bln merger - Sky News

May 7 (Reuters) - London's West End focused commercial landlords Capital & Counties Properties Plc and Shaftesbury Plc are in advanced talks about a 3.5 billion pound ($4.32 billion) merger, Sky News reported on Saturday.

Read more
27 Apr 2022 11:04

IN BRIEF: Shaftesbury portfolio value rises as trading recovers

Shaftesbury PLC - London-based real estate investment trust - At March 31, says indicative external valuation of its wholly-owned properties was GBP3.36 billion. This represents a 8.3% increase against its valuation of GBP3.01 billion at September 30. On a like-for-like basis this represents an increase of 7.5%. Company explains increase was driven by like-for-like estimated rental value growth of 6.4% over the six months to March 31. This, it continues, reflects sustained occupier demand and low levels of vacancy. Trading returning towards pre-pandemic levels, it adds.

Read more
1 Apr 2022 08:41

LONDON BROKER RATINGS: Citi upgrades Bridgepoint and Lancashire

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
28 Mar 2022 09:17

LONDON BROKER RATINGS: HSBC lifts Kingspan; UBS raises Aviva

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
10 Mar 2022 10:00

LONDON BROKER RATINGS: Barclays upgrades Great Portland and CapCo

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Tuesday afternoon:

Read more
4 Feb 2022 16:11

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
4 Feb 2022 10:53

Shaftesbury records improved rental levels and reduced net debt

Shaftesbury records improved rental levels and reduced net debt

Read more
4 Feb 2022 07:43

LONDON MARKET PRE-OPEN: SSP and Shaftesbury reveal Omicron hits

LONDON MARKET PRE-OPEN: SSP and Shaftesbury reveal Omicron hits

Read more
4 Feb 2022 07:08

Shaftesbury's recovery 'on track' despite Omicron disruption

(Sharecast News) - Real estate investment trust Shaftesbury said on Friday that its recovery was "on-track", despite a short period of disruption caused by Omicron restrictions, as visitors and office workers were returned to London's West End and both its near and longer-term outlook remained "positive".

Read more
28 Jan 2022 16:12

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
6 Jan 2022 16:00

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
13 Dec 2021 09:46

LONDON BROKER RATINGS: HSBC lifts WPP to Buy, cuts Wizz Air to Reduce

LONDON BROKER RATINGS: HSBC lifts WPP to Buy, cuts Wizz Air to Reduce

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.